Sam Bankman-Fried has asked the US Supreme Court to overturn his FTX fraud conviction and challenge an $11 billion forfeiture order. The former FTX founder and CEO, who is serving a 25-year prison sentence imposed in 2024 after convictions on seven fraud, conspiracy and money-laundering counts, argues that evidence suggesting customer losses was misleading and prejudicial. His lawyers contend that Alameda investments held enough value to cover FTX liabilities, while the Second Circuit rejected related arguments in June 2026, finding that customers had not authorized transfers of their funds to Alameda. Bankman-Fried also calls the forfeiture excessive under the Eighth Amendment. A presidential pardon remains under review.